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ANNA vs BDX: Correlation

AleAnna, Inc. (ANNA) and Becton Dickinson (BDX) show a negative relationship: their 3-year correlation of weekly returns is -0.23.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.33
last 12 months
Correlation (5Y)
-0.19
long-run
Ann. covariance
-479.3
%² · weekly, annualized

How correlated are ANNA and BDX?

On 3 years of weekly data the ANNA/BDX correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.33) sits close to the 3-year figure. The 5-year figure is -0.19, and annualized covariance runs at -479.3 %².

Among the 103 assets we track against ANNA, BDX ranks #72 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BDX outperformed by 59.8 percentage points (-34.3% for ANNA against +25.5% for BDX). Risk is not evenly split, since ANNA carries 3.7 times the volatility of the other side.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

ANNA vs BDX: side by side

ANNA (AleAnna, Inc.)BDX (Becton Dickinson)
1-year return-34.3%+25.5%
5-year return-71.7%+6.8%
Volatility (ann.)88.7%24.0%
Beta vs S&P 500-0.920.33
Max drawdown (3Y)-86.3%-39.6%
Market cap$0.1B$51.2B
P/E (trailing)14.732.9
Dividend yield0.00%2.20%
Sector / categoryUS ListedHealth Care
Lower P/E: ANNA 14.7 vs 32.9Higher yield: BDX 2.20% vs 0.00%Smaller drawdown: BDX -39.6% vs -86.3%Higher 5y return: BDX +6.8% vs -71.7%
-43%0%+102%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ANNA · BDX

Year-by-year returns

YearANNABDX
2022+5.1%
2023+7.3%-2.7%
2024-37.6%-5.4%
2025-57.6%-12.6%
2026-3.0%+25.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANNA and BDX good diversifiers for each other?

By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.

FAQ

What is the correlation between ANNA and BDX?

Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.33 over the last year and -0.19 over 5 years.

Is BDX a good diversifier for ANNA?

By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.

What does a correlation of -0.23 mean?

On the −1 to +1 scale, -0.23 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-bdx.json

ANNA vs BDX: 3-year weekly correlation -0.23ANNA vs BDX-0.23

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Related comparisons

Hubs: ANNA correlations · BDX correlations